Displaying 26 results
Target-dates with guaranteed income, the new 401(k) pitch
American Century, Prime Capital Investment Advisors, Nationwide and Lincoln Financial Group collaborated, along with others, on the QDIA.
Nationwide offers app helping consumers deal with debt
‘Owe is me,’ according to Nationwide survey, which shows almost half of Americans are stressed by debt
Nationwide gives wholesalers the heave-ho
The $65 billion asset management firm is bypassing financial advisers to focus on outsourced model portfolio platforms.
Nationwide gives wholesalers the heave-ho
The $65 billion asset management firm is bypassing financial advisers to focus on outsourced model portfolio platforms.
IRS delivers ‘game changer’ for fee-based annuities
Agency issued a private letter ruling to Nationwide indicating that pulling an advisory fee from the annuity doesn't create a taxable event.
Future retirees focus on taxes
Clients expect advice on tax-efficient withdrawal strategies.
Insurance executives push House to add annuity provision to tax reform bill
Insurance executives back measure making it easier to add lifetime income features to workplace savings plans.
Universal life insurance lawsuits underscore product risk
Universal life insurance lawsuits may cause you to rethink your policy.
Guaranteed retirement income campaign launched
Industry coalition seeks to educate the public and advisers about the value of annuities.
Future retirees expect Social Security to be main source of income
Survey found many clients would switch advisers to get claiming advice.
Nationwide’s 401(k) record-keeping fees are excessive, lawsuit claims
Plaintiffs claim practice of charging plans a percentage of assets is unreasonable.
Nationwide Securities loses hybrid team to LPL
Four-person advisory group in Charleston, S.C., manages $178 million
The DOL fiduciary rule could push these firms’ variable annuity sales even lower
Only one firm, MetLife, posted any substantial gains, as market volatility and fixed indexed annuities cut into VA business.
Nationwide, AIG see huge gains in fixed indexed annuity sales; Allianz and Security Benefit flounder
Nationwide's sales jumped 460% in 2015 as a new product and distribution partnership has begun to bear fruit.
Insurers adding optional death benefits to IOVA contracts
The optional features allow for more investor choice and seek to capitalize on strong IOVA sales.
Slow 2012 for VA sales as costs climb, insurers leave the space
After strong growth in 2010 and 2011, VA sales are expected to slow as products become less attractive, guaranteed-withdrawal percentages slide and fees continue to skyrocket.
Insurers’ death benefit payout practices targeted
State regulators continue to investigate claims that life insurance carriers may be failing to pay out death benefits or submit the money to the state in a timely fashion. Not surprisingly, this has attracted the attention of tort lawyers.
Insurers’ financials attract scrutiny in light of death benefit row
Florida's insurance regulator is looking into whether insurers' alleged failure to deliver deceased clients' death benefits promptly may have had an impact on the companies' financial statements and reserves.
Insurance cops grill MetLife, Nationwide on death benefits
Insurance regulators questioned MetLife Inc. executives today at a hearing in Florida as they sought to understand the insurer's death benefit settlement practices.
Triple-A rated insurers can handle a mild downgrade of U.S. debt
The ratings of four major life insurers with pristine Aaa ratings are likely to hold steady, provided the U.S.'s government bond rating doesn't fall by more than one rung.
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